Catch Up Provisions
New Catch-Up Limits Under Secure Act 2.0 As a plan sponsor, it’s crucial to stay informed about legislative changes that impact retirement plans. The Secure Act 2.0, signed into law […]
IRS Releases ACA Affordability Threshold for 2025
IRS Releases ACA Affordability Threshold for 2025 The IRS released Rev. Proc. 2024-25, announcing an increase in the ACA Affordability Contribution Rate from 8.39% in 2024 to 9.02% for the […]
MLR Rebates Due to Plan Sponsors by September 30, 2024
MLR Rebates Due to Plan Sponsors by September 30, 2024 The Affordable Care Act (ACA) outlines the requirements private health insurance issuers must follow, including obligations related to premium spending. […]
RetireReady NJ Exemption Registration is Fast Approaching!
RetireReady NJ Exemption Registration is Fast Approaching The New Jersey Secure Choice Savings Program Act requires certain New Jersey employers to establish a retirement savings program through the RetireReady NJ […]
Court Issues Nationwide Block on the FTC’s Non-Compete Ban
The Court for the Northern District of Texas (the Court) issued a decision blocking the Federal Trade Commission’s (FTC) ban on non-compete agreements, which was set to go into effect […]
Innovative’s Mark Sulpizio to speak at Garden State SHRM Conference
Learn more about the Garden State Council – SHRM Conference here! Secure Act 2.0 changes directly impact Roth accounts, IRA, 401(k), 403(b), and many related tax breaks; however, for the […]
Upcoming Changes for HDHP Plan Sponsors Under Medicare Part D
Employers who sponsor group health plans must act now regarding the status of their prescription drug coverage in advance of changes to Medicare Part D that go into effect for […]
Retirement Plan Checklist For Plan Sponsors
End of Year Checklist for Plan Sponsors: Ensuring Compliance and Maximizing Benefits As we approach the 4th quarter of 2024, it’s crucial for plan sponsors to take a proactive approach […]
IRS Releases Education Assistance FAQs
The IRS recently released a Fact Sheet to address frequently asked questions related to educational assistance programs offered under IRC Section 127. Programs offered under this section allow employees to […]
Secure 2.0 Student Loan Matching
The SECURE Act 2.0 allows employers to match employee student loan payments with retirement plan contributions. This benefit aims to help employees burdened with student debt save for retirement. Plan […]
